Boston Financial has announced the closing of its $170 million National Multi-Investor Fund, ITC 60, which will create or preserve 1,418 affordable rental homes across 13 states. This fund attracted commitments from six institutional investors, targeting both construction and preservation projects. ITC 60 is expected to generate over 2,100 jobs and contribute $250 million in wages and $90 million in tax revenue, with a focus on minority communities and special needs populations. Boston Financial, the leading LIHTC syndicator in the U.S., has worked to build or preserve over 360,000 affordable homes since the LIHTC program’s inception in 1986.

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